T T Limited — Others, 10-02-2025: Statement of deviation(s) or variation(s) under Reg. 32
10-02-2025 | 04:08 pm
10-02-2025 | 04:08 pm
T T Limited has submitted a Statement of Deviation regarding the utilization of funds from its recent preferential issue, which raised ₹14.640 Cr through equity shares and convertible warrants. The report indicates no deviations in fund usage for the quarter ended December 31, 2024. Key allocations included ₹3.00 Cr for business expansion, ₹2.50 Cr for working capital, and ₹3.50 Cr for loan repayment, all of which remain on track. The Audit Committee approved the findings in a recent meeting. This stability may bolster investor confidence, indicating prudent financial management while providing a positive outlook on future operational plans.
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